This one has had quite a pull back to say the least.
Not a lot of force on the force index either..and had a significant Bearish Divergence on RSI during the rally up..but I am sure many escaped with a profit as it was quite a rally' .
I put it on weekly time-frame and it looks like it was a bit parabolic/too much too fast, so it crashed and burned when demand...
"Hyliion Holdings Corp. designs, develops, and sells electrified powertrain solutions for the commercial transportation industry. It provides battery management systems for hybrid and fully electric vehicle applications. The company was founded in 2018 and is based in Cedar Park, Texas", CI
From the TA, stand point there is a gap around $22 that has to be...
Hyliion Holdings Corp. (HYLN) is a company that designs, develops and sells electrified powertrain solutions for the commercial transportation industry. Provides battery management systems for hybrid and all-electric applications.
Hyliion's mission is to become the leading provider of electrified solutions powertrains and it is achieving some goals that benefit...
1. Industry: Hybrid and electric powertrains for trucks ++
2. Price: Very Cheap
3. Upward potential: 50-100%
4. Risk-Reward Ratio: 1:50
1. Volume is growing
2. Support of the MA30
3. Boilinger Percentage: 38% (high short-term potential)
4. Short-term target: 25
5. Long term target: 30-60
HYLN is currently in a flat bottom formation. Once it breaks out of that I would expect it to enter a bullish trend and rise until the $27.86 resistance.
- It found support on the EMA20, signalling the end of the downtrend
- MACD is in positive territory
- Daily RSI is rising steadily and just above 50, still far from overbought territory
- Weekly RSI looks...
Have been watching this stock for a long time and think it should be near its bottom. It has dropped drastically from around 25+ in Dec and being kept down despite the EV boom due to the impending warrants exercise in DEC.
Warrants redemption ends in December and CEO is likely to start PRs in 2021. Their hybrid system is a good bridge for truck companies to go...
REPOST DUE TO TRADINGVIEW DELETING POST FROM POSTING TWITTER
Simple trade. Major accumulation low has magnetized price back for a retest. Expecting at a minimum a small move here to ~24 to both fill gap liquidity and also retest the prior range distrubution that brought price to our current lows.
Low time frame structure proving bullish as a result of a retest...
I like the confluence of the BB squeeze, a strong move above the descending triangle yesterday, and a huge gap fill on the volume profile... That along with the warrant news points to a nice upside for HYLN!
Hi, HYLN above ~18.9ish could present a nice opportunity to go long with very favorable risk/reward ratio = 11ish. This move could potentially be fueled by Biden's inauguration.
Disclaimer: this is a very volatile stock. Use stop-losses wisely.
Hyliion Holdings Corp. manufactures hybrid and electric powertrains for trucks. It engages in the provision of hybrid technology to tractor trailers. The company was founded by Thomas Healy in 2015 and is headquartered in Cedar Park, TX.